CPI rose at an annual rate of 2.4% in January, cooler than expected

The Consumer Price Index rose 2.4% successful January from a twelvemonth earlier, coming successful beneath forecasts and signaling immoderate cooling successful terms pressures.

By the numbers

The CPI was expected to emergence 2.5% connected an yearly ground past month, according to economists polled by fiscal information steadfast FactSet.

The CPI tracks the changes successful a handbasket of goods and services typically bought by consumers, specified arsenic nutrient and apparel.

The January ostentation speechmaking was delayed owed to the partial authorities shutdown that ended earlier this month.

—This is breaking quality and volition beryllium updated.

Edited by Aimee Picchi

In:

• Consumer Price Index
• Inflation